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Power Struggle Ends: Volkswagen to Acquire Porsche

Erstes Datum
18.07.2009 13:53
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18.07.2009 13:53
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Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted takeover, which had been financed using loans, ultimately failed because of the credit crunch and ensuing liquidity problems that almost saw Porsche go bankrupt.

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  1. DER SPIEGEL: Power Struggle Ends: Volkswagen to Acquire Porsche 18.07.2009

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18.07.2009 DER SPIEGEL Power Struggle Ends: Volkswagen to Acquire Porsche
Volkswagen is planning to purchase all of sports carmaker Porsche, which has run into massive financial problems linked to its overly ambitious plan to take control of VW. The attempted takeover, which had been financed using loans, ultimately failed because of the credit crunch and ensuing liquidit
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